I noticed something recently, most of entrepreneurs , vendors and business owners in my list tend to post transaction records when advertising. For example when a customer pays them they post the amount paid on their status, though most of the sensitive information like account balance and the name of the sender is covered, but why do they post this? Does posting transactions help in bringing in more customers? Or is this a way to let others know they are legit and deals are going on? In general is this even a good idea to post it in the first place?
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Although different people have their choice and reason for doing a particular thing, I'd say one of the reasons why most entrepreneur post bank transactions isbto grow their business. As a business grows, keeping track of bank transactions makes it essential to manage increasing financial complexityRead more
Although different people have their choice and reason for doing a particular thing, I’d say one of the reasons why most entrepreneur post bank transactions isbto grow their business. As a business grows, keeping track of bank transactions makes it essential to manage increasing financial complexity. And also to promote or foster trust on other people viewing the transactions. Once someone sees the bank transactions being posted and the deals, it’ll encourage the person to also want to patronize the business.
See lessAlthough different people have their choice and reason for doing a particular thing, I'd say one of the reasons why most entrepreneur post bank transactions isbto grow their business. As a business grows, keeping track of bank transactions makes it essential to manage increasing financial complexityRead more
Although different people have their choice and reason for doing a particular thing, I’d say one of the reasons why most entrepreneur post bank transactions isbto grow their business. As a business grows, keeping track of bank transactions makes it essential to manage increasing financial complexity. And also to promote or foster trust on other people viewing the transactions. Once someone sees the bank transactions being posted and the deals, it’ll encourage the person to also want to patronize the business.
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